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Reading: Handover of 1st phase of Mostakbal City’s Green Square residential project kicks off
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Dailynewsegypt > Blog > Business > Real Estate > Handover of 1st phase of Mostakbal City’s Green Square residential project kicks off
Real Estate

Handover of 1st phase of Mostakbal City’s Green Square residential project kicks off

Daily News Egypt
Last updated: 2021/03/27 at 12:32 AM
By Daily News Egypt 2 Min Read
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Handover of 1st phase of Mostakbal City’s Green Square residential project kicks off
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Al Ahly Sabbour Development has started the handing over of units in the first phase of Mostakbal City’s Green Square project, according to Essam Nassef, Chairperson and Managing Director of El Mostakbal for Urban Development, the owner and developer of Mostakbal City.

The handover started at the beginning of the week, Nassef said.  

Nassef added that El Mostakbal for Urban Development has completed 90% of the first phase’s utility network and infrastructure, including roads, irrigation and drainage, electricity, communications and gas. 

In addition to this, the metal structure of the city’s iconic main gate, located on the Central Ring Road, has been completed, including the gate covering works. He added that landscape work in this area will be completed by June.

Nassef said that El Mostakbal has contracted with a distinguished group of major development companies specialising in a range of sectors, including residential, educational, and fuel station work. This covers Mostakbal City’s first and third phases, and part of the fourth phase.

The deliveries will send a positive message to the city’s developers and their continued implementation of the full development plan for the city, covering its five phases and the start of the successful delivery of projects.

El Mostakbal for Urban Development intends to conclude a number of contracts for service projects to meet all needs of the city’s residents.

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TAGGED: Green Square, Mostakbal City, residential project
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Previous Article Akam Developments targets EGP 2.2bn in sales during 2021 Akam Developments targets EGP 2.2bn in sales during 2021
Next Article Al Ahly Sabbour launches residential project ‘RARE’ in Mostakbal City Al Ahly Sabbour launches residential project ‘RARE’ in Mostakbal City
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